Ledger Launches Distributed, KYC-Based, Cloud Seed Recovery Service Then Quickly Deletes It
- Previous articles state that Ledger Recover service splits a wallet recovery phrase into three encrypted shards and distributes them to three custodians. The service is supposed to cost $9.99 per month.
- “A lot of people say they cannot enter crypto because they can’t manage the recovery phrase. It’s the industry problem. Making that pain point go away will trigger a lot more people to join the space,” Ledger CEO Pascal Gaunthier was quoted as saying.
https://www.nobsbitcoin.com/ledger-to-launch-kyc-cloud-based-recovery-service/
No Bullshit Bitcoin
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2023-05-16 12:42:30
Author Public Key
npub1hxjnw53mhghumt590kgd3fmqme8jzwwflyxesmm50nnapmqdzu7swqagw3Published at
2023-05-16 12:42:30Event JSON
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"content": "Ledger Launches Distributed, KYC-Based, Cloud Seed Recovery Service Then Quickly Deletes It\n\n- Previous articles state that Ledger Recover service splits a wallet recovery phrase into three encrypted shards and distributes them to three custodians. The service is supposed to cost $9.99 per month.\n\n- “A lot of people say they cannot enter crypto because they can’t manage the recovery phrase. It’s the industry problem. Making that pain point go away will trigger a lot more people to join the space,” Ledger CEO Pascal Gaunthier was quoted as saying.\n\n\nhttps://www.nobsbitcoin.com/ledger-to-launch-kyc-cloud-based-recovery-service/\n",
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